Which of the following is an example of a personal risk?

Illness or injury is indeed an example of a personal risk because it directly affects an individual's health and well-being. Personal risks are often associated with events that impact a person's life, health, or financial stability. Illness or injury can lead to medical expenses, loss of income due to inability to work, and emotional distress, making it a significant concern for individuals.

In contrast, damage to property pertains to risks associated with physical assets rather than to personal health. Legal liabilities involve obligations that may arise from actions that could lead to legal repercussions, and market fluctuations are financial risks that affect investments and asset values rather than personal circumstances. Each of these other options focuses on aspects outside of the individual’s personal health status, which is why illness or injury stands out as the correct example of personal risk.